Outlook
Overall assessment of expected performance
Our strong position as market leader in the German mail and parcel business and innearly all of our logistics activities is the best possible basis for our further growth. We continue to expect consolidated EBIT to reach between €2.7 billion and €2.95 billion infinancial year 2013. Overall, world economic growth is likely to be similar to that of the previous year. A similar development is expected for world trade. The MAIL division is likely to contribute between €1.1 billion and €1.2 billion to consolidated EBIT. Compared with the previous year, we expect an additional improvement in overall earnings to between €2.0 billion and €2.15 billion in the DHL divisions. At around €–0.4 billion, the Corporate Center / Other result should be on par with the previous year. In 2013, operating cash flow will recover from the one-time charges in the previous year andbenefit from the expected earnings improvement.
Status Annual Report 2012
